According to Michaël van de Poppe (@CryptoMichNL), Bitcoin is approaching the significant $100,000 milestone while the broader crypto markets experience a strong rebound, with altcoins outperforming Bitcoin in terms of percentage gains (source: Twitter, May 8, 2025). This trend indicates increased risk appetite among traders, suggesting opportunities for short-term profits in high-cap altcoins and potential reallocation of portfolios. Traders should monitor volume spikes and price action in leading altcoins as these may signal further market momentum and possible breakout opportunities.